Railway Staff Provident Fund - Temporary withdrawal

  • Railway staff who is not eligible for final withdrawal can opt for temporary withdrawal from PF.
  • No advance shall not be granted until at least 50% of last advance has been repaid.
  • Amount of advance shall be such that after making all recoveries net amount payable is not less than 50% of Basic pay of the Railway staff concerned.
  • For Running staff Basic Pay + 30% will be taken for calculating the advance.
  • Permitted on following occasions:

On medical Grounds

  • Eligible for the employee himself or his/her family members, dependent person, minor brother, unmarried sister or widowed sister.
  • Amount – 3 months pay or 50% of amount at credit of the Railway employee whichever is less.
  • Recovery – Minimum 12 and Max 24 equal monthly installments.

Marriage/Betrothal

  • This advance is payable for Marriage/Betrothal of Railway employee or his children, dependent person, minor brother, unmarried sister or widowed sister.
  • Amount – 3 months pay in case of marriage/betrothal of male and 6 months in case of female. In special case it can be 6 and 10 months of pay respectively.
  • Recovery – 60 equal monthly installments.
  • If amount at credit is less than Rs. 10000/-, 90% of amount is permissible.

Education

  • This advance is permitted for the education of dependent of a Railway staff beyond high school stage.
  • Amount – Rs.1000/500 in case of Gazetted/non Gazetted Railway employee.
  • Recovery – 24 equal monthly installments.
  • The limit can be extended to 3 months emoluments for education abroad and 1 1/2 months emoluments for education in India.

Medical Treatment abroad

  • For an employee proceeding on leave out of India on medical condition or returning after such absence.
  • Amount – Actual cost of passage.
  • Recovery – 24 equal monthly installments.

House Building

  • This advance is given to a Railway employee to meet the cost of flat or construction of house for residence or to make any payment towards allotment of plot/flat by Housing Board/Housing Society.
  • Amount – 3 months emoluments or in special cases upto 6 months emoluments or half the amount at credit of the subscriber whichever is less.
  • Recovery – 60 equal monthly installments.
  • Opening of book stall by unemployed Graduate son/daughter of a Railway employee.
  • An advance of Rs.3000/-  to be recovered in 24 equal monthly installments.

Opening of book stall by unemployed Graduate son/daughter of a Railway employee

  • An advance of Rs.3000/-  to be recovered in 24 equal monthly installments.

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